Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Mortgage Brokers & Lenders
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Freddy Neuhold
  • Investor
  • Texas
2
Votes |
8
Posts

Questions about an FHA loan

Freddy Neuhold
  • Investor
  • Texas
Posted

So I’m really new to BP and real estate investing in general. I just graduated college this past May and will be starting my first professional career in 2 weeks. I really want to get started investing.

I have been looking into FHA loans and I meet the requirements, but I know each lender has their of requirements as well. I was wanting to get a 4-unit I had found for a really good deal but my job requires me to move around the state frequently so I wouldn't be able to do an FHA loan since it requires the property you buy to be your primary residence for a year minimum.

There's a few other properties I've come across that I'm interested in and I could get with low down payments/owner financing. If I buy a SF I'm looking at, will I be disqualified from getting an FHA loan in the future? I really want to get started ASAP with investments but with my upcoming career it will most likely be 2 years before I have a set location. Any advice from anyone will be greatly appreciated

Loading replies...